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TechCrunch: “Wunderite raises $3M to build software for indie insurance agencies”

“This morning Wunderite, a Boston-based software startup, announced that it has raised $3 million in an early-stage round led by Spark Capital. Wunderite builds and sells software designed to help insurance agencies more rapidly process insurance applications, and automate some of their processes. With an industry-focus on insurance agencies while providing some API hooks, the startup fits into a number of startup trends, including vertical SaaS, developer-friendly tooling and insurtech …” – TechCrunch

Techstars: “Introducing Techstars Boston’s Class of 2020”

We are excited to introduce the 10 companies joining Techstars Boston in 2020 – the first class of the second decade of Techstars Boston! We’ve selected a diverse group of companies uniquely positioned to take advantage of all the Boston entrepreneurial ecosystem has to offer…

Insurance Journal: “Insurance Is ›Original Big Data Industry‹”

Former independent agent Peter MacDonald is founder and CEO of Wunderite, an insuretech enabling commercial lines underwriting. Insurance has always been “the original big data industry,” Peter says on this podcast. The key for the industry to evolve its systems, because, “Who wants to work in an industry where all systems are built on technology, forms and terms that are really old?” Further, Peter adds: “I don’t think agents and brokers will go away. The ones who will be here will be the ones who embrace new technology. A lot is possible if you put your mind to it. Independent agents have an advantage – they really understand the space. It’s complex and onerous. It’s an enormous industry. You have to be a niche expert.”